Coming up with a business plan
Write a business plan for a start up company
preferably IT, Space or aerospace business.
It must contain:
• Executive summary
• The concept/Business Model
• You and your team’s entrepreneurial competences
• Objectives; expressed in SMART terms
• The Market: PESTEL factors
• Competition
• The product
• Marketing the business: Segmentation, Targeting & Positioning
• Sales and operations
• Sales forecast
• Financial projections
• Strengths and risks of the business
• Closing summary
Within the plan emphasis will be placed on the following:
• The role you play as the entrepreneur. This will be communicated within the section on management expertise.
• The requirements for setting up a sustainable business model operating within external and competitive environments external and competitive environments.
• The skills required to turn the business idea into practical applications.
